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US SBA should address 'immediately' potential fraud found in small-business loan program, Democratic lawmaker says

( July 28, 2020, 23:31 GMT | Official Statement) -- MLex Summary: The US Small Business Administration should address “immediately” the potential for fraud and abuse reported yesterday in a small-business loan program, said House Small Business Committee chief Nydia Velazquez, a New York Democrat. Thousands of complaints were reported about the Economic Injury Disaster Loan program by the SBA’s inspector general.Statement follows in full. ...

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